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since ‎17-06-2016
Wednesday
HelenBenge
HelenBenge Star Employee
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About HelenBenge

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Latest Contributions by HelenBenge
  • Topics HelenBenge has Participated In
  • Latest Contributions by HelenBenge

Re: Registering a Variation of Lease - Registratio...

by HelenBenge Star Employee in Ask the PEXA Community
Wednesday
Wednesday
Hello SimoneC Here's a link to the RG Guidelines that provide great guidance in how to complete these types of documents - https://rg-guidelines.nswlrs.com.au/e-dealings/elodgment/Residual-Documents/Variation-of-Lease. Hope this helps Regards Helen. ... View more

Re: off the plan purchases - stamping

by HelenBenge Star Employee in Ask the PEXA Community
‎16-07-2019 03:55 PM
1 like
‎16-07-2019 03:55 PM
1 like
Hello Karen3. Thanks for your query. I understand that Revenue NSW no longer require those forms to be lodged when updating the stamping with child title info after registration.  Members now either email or phone the Revenue office to update the details. Regards Helen. ... View more

Re: off the plan purchases - stamping

by HelenBenge Star Employee in Ask the PEXA Community
‎12-12-2018 01:24 PM
2 Likes
‎12-12-2018 01:24 PM
2 Likes
Hello DylanZ Whilst we try to inform our Members of industry changes where we can, the change here is to do with processes within Revenue NSW and not PEXA.   I'm unclear if Revenue offices in other jurisdictions have similar or different processes as I only work inside the NSW jurisdiction. I believe this is the power of the Community - we can all ask questions and have them answered and share knowledge. I'll investigate if Revenue NSW has a link to current processes or requirements that we can share here in the Community.  If they do (and we can link to it), perhaps that might be a good way of keeping us all updated on changes they make over time. Regards Helen Benge PEXA Developer Specialist - NSW     ... View more

Re: off the plan purchases - stamping

by HelenBenge Star Employee in Ask the PEXA Community
‎12-12-2018 08:40 AM
3 Likes
‎12-12-2018 08:40 AM
3 Likes
Hello Clara   I understand that Revenue NSW no longer requires the actual form to be submitted. You can either give them a buzz or send them an email with your requirements.   Regards Helen Benge PEXA Developer Specialist - NSW ... View more

Re: Steps to Lodge in PEXA after a failed paper lo...

by HelenBenge Star Employee in Frequently Asked Questions
‎24-09-2018 12:39 PM
‎24-09-2018 12:39 PM
Great easy-to-follow steps Belinda. ... View more

Re: off the plan purchases - stamping

by HelenBenge Star Employee in Ask the PEXA Community
‎22-03-2018 04:41 PM
4 Likes
‎22-03-2018 04:41 PM
4 Likes
Hello Courtney Thanks for your question about off the plan purchases and associated stamping.   This situation can be very time consuming and particularly when you have multiple lots to update. I understand that Revenue NSW are working to further streamline this process so that eventually, these forms will no longer be required.  Until then, the only way to notify Revenue NSW of a change in title particulars is to complete and submit their form.  They then update their backend system manually which, in turn, verifies against the PEXA workspace. We will certainly share any enhancements in this area with all of our Members as soon as they become available. Again, thanks for taking the time to post your query. Regards Helen Benge PEXA Direct Developer Specialist NSW   ... View more

Re: Can NSW Qualified Titles with Cautions that ha...

by HelenBenge Star Employee in Ask the PEXA Community
‎09-01-2018 11:20 AM
‎09-01-2018 11:20 AM
Hello again RansomK I've followed up with the NSW LRS with your specific query.  They have replied... "Qualified Titles are eligible for electronic transactions. You should be able to lodge your dealings through PEXA." Yay ! Thanks for asking the question in the Community. Regards Helen. ... View more
  • Tags:
  • Qualified Title

Re: Transfer

by HelenBenge Star Employee in Ask the PEXA Community
‎29-12-2017 02:54 PM
2 Likes
‎29-12-2017 02:54 PM
2 Likes
Hello Clara Welcome to the Community !  I hope it is a valuable source of information and answers for you. In relation to your question, you don't need to upload the CAF to the PEXA workspace at all.  Simply retaining it on your matter file is sufficient. You can prepare and stamp the transfer at any time prior to receiving the CAF.  However, you must have the signed CAF on file prior to signing any of the documents or the Financial Settlement Schedule (FSS) in PEXA. Even though you have sent a printed Transfer to the Vendor's solicitor, all you need to do is enter the Stamp Duty reference number into the PEXA workspace (you'll see the Stamp Duty section in the left hand panel just below "Settlement").  This will then verify with the Stamp Duties Office in your State and draw a destination line item if the Stamp Duty has not yet been paid. Congratulations on having your first purchase matter settling electronically - exciting times !   ... View more

Re: Can NSW Qualified Titles with Cautions that ha...

by HelenBenge Star Employee in Ask the PEXA Community
‎29-12-2017 02:42 PM
‎29-12-2017 02:42 PM
Hello RansomK   Firstly, welcome to the Community !!    Thank you for posting your question.  I've forwarded your query on to the NSW Land Registry to be answered by a Senior Technical Advisor.  I will post you a reply as soon as I hear back from them.   Regards Helen. ... View more

Re: CONGRATULATIONS TO SAUTELLE WHITE IN MERIMBULA...

by HelenBenge Star Employee in Share your Experiences
‎22-12-2017 08:37 AM
‎22-12-2017 08:37 AM
Congratulations Sautelle White .... so proud of you !! ... View more

Frequently Represented Parties

by HelenBenge Star Employee in Ask the PEXA Community
‎16-10-2017 02:46 PM
‎16-10-2017 02:46 PM
Can I add an individual in as a frequently represented party in PEXA? ... View more
  • Tags:
  • Frequently Represented Party

Steele+Co Celebrating first 100 Transfers

by HelenBenge Star Employee in Share your Experiences
‎14-08-2017 02:39 PM
3 Likes
‎14-08-2017 02:39 PM
3 Likes
Celebrations for Steele+Co in Bathurst NSW - achieving their first 100 transfer transactions.  Congratulations - I'm very proud of you ! The team at Steele+Co ... View more
  • Tags:
  • 100 transfer transactions
  • Bathurst
  • Celebration
  • regional
  • Transfers

Family Law Scenarios

by HelenBenge Star Employee in Ask the PEXA Community
‎22-02-2017 08:28 AM
‎22-02-2017 08:28 AM
Can 2 vendors who are represented by different conveyancers/solicitors sell a property to a new purchaser? ... View more
Category:
  • E-Conveyancing Community

Re: Road trip in Orange

by HelenBenge Star Employee in Share your Experiences
‎23-11-2016 05:51 PM
4 Likes
‎23-11-2016 05:51 PM
4 Likes
Go "Team Orange" ! ... View more

Re: Pexa settlement number 8!

by HelenBenge Star Employee in Share your Experiences
‎08-11-2016 07:33 AM
4 Likes
‎08-11-2016 07:33 AM
4 Likes
Love your work KC ! ... View more

McNamara & Associates Graduate from PEXA Direct Pr...

by HelenBenge Star Employee in Share your Experiences
‎20-09-2016 05:07 PM
3 Likes
‎20-09-2016 05:07 PM
3 Likes
Congratulations to McNamara & Associates who have recently graduated from the PEXA Direct Program.  Based in Nowra NSW, this small firm has truly been a pleasure to support.  Whilst learning new things can sometimes be a bit daunting, this firm stands proud in their community as a leader towards digital transformation.  They are determined and resilient and are now starting to reap the real rewards from improved business processes and enhanced client service.   We had a mini Graduation Party today to celebrate.  Great job guys - I am really proud of you! Helen Benge, PEXA Direct Specialist.   David Wakefield - tucking into our Pizza lunch   Time to get a little silly Lauren & Vicki "hamming it up"   From top left, Lauren Bernhardt, Vicki Dale & Helen Benge ... View more

Re: Last Minute Settlements - PEXA vs Paper

by HelenBenge Star Employee in Share your Experiences
‎23-08-2016 01:18 PM
3 Likes
‎23-08-2016 01:18 PM
3 Likes
Thanks for sharing Ryan.  I've encountered this same issue a couple of times with some of my practitioners. Helen. ... View more

Re: Just Joined!

by HelenBenge Star Employee in Share your Experiences
‎02-08-2016 08:13 PM
1 like
‎02-08-2016 08:13 PM
1 like
Welcome to the Community ladies ! ... View more

Congratulations Baldock Stacy Niven on their first...

by HelenBenge Star Employee in Share your Experiences
‎02-08-2016 08:07 PM
5 Likes
‎02-08-2016 08:07 PM
5 Likes
I'd like to offer the team at Baldock Stacy Niven in Orange NSW a HUGE CONGRATULATIONS on their first PEXA settlement today.  Not wanting to make their first settlement a simple one, they selected a matter where they were acting for both the vendor AND purchaser.  The purchaser was also cashed-up -  so BSN's Trust Account came into play for the first time ever. Of course all went through smoothly and settled within 20 mins or so. This firm has been a joy to work with as a Direct Specialist.  I look forward to many more settlements to come !   Baldock Stacy Niven - Orange NSW ... View more
Category:
  • First Settlement

Re: What happens if an incoming mortgagee wants to...

by HelenBenge Star Employee in Ask the PEXA Community
‎21-07-2016 08:45 AM
4 Likes
‎21-07-2016 08:45 AM
4 Likes
Hello @DeborahP What a great question! In your scenario, if the existing property (Property A) is unencumbered, the incoming mortgagee would simply link a mortgage workspace behind the scenes so that once the purchase of the new property (Property B) is settled, a mortgage over Property A will also be registered at the same time. If Property A already has a mortgage registered on title, the incoming mortgagee will link a refinance workspace. However, if the registered mortgage over Property A is with a Financial Institution not currently registered for PEXA, this will not be achieveable.  All parties involved in the transaction must be active subscribers in order for matters to settle.   I hope this answers your query. Regards Helen. ... View more

Re: How do I revert to a manual settlement?

by HelenBenge Star Employee in Ask the PEXA Community
‎21-07-2016 08:32 AM
3 Likes
‎21-07-2016 08:32 AM
3 Likes
Hello @DeborahP   As @adrianpapa has said, reverting to a manual settlement is a relatively easy process.  Our Transfer Guidelines (clause 15) state that if a party cannot progress in PEXA, inform the other parties and advise the reason for withdrawal using the PEXA Conversation tool.  This is really important so that all of the other parties understand that the settlement will need to be completed in paper.  The Guidelines also say that this should be done as soon as possible once the party knows they cannot proceed.  From my experience, you need to do this about 2 weeks prior to settlement.  The practitioners I work with find this is a comfortable timeframe for them to avoid any added stress of rushing around to get things done at the last minute.  It also avoids any unnecessary settlement delays. I hope this gives you a little more info.  Thanks for reaching out to the Community. Regards Helen. ... View more

Re: Title Activity Checks

by HelenBenge Star Employee in Ask the PEXA Community
‎21-07-2016 08:18 AM
1 like
‎21-07-2016 08:18 AM
1 like
Hello Cheryl. If a positive TAC is received, you will see a "View" button on the right hand side of the Land Titles TAC area in your workspace.  Clicking on this "View" button and selecting the date from the drop-down will allow you to see brief information of the activity identified.  Of course we would always recommend performing a search of the title to show you the full details of what has happened. I hope this answers your question - and thanks for posting ! Regards Helen. ... View more

When is the best time to open a workspace?

by HelenBenge Star Employee in Ask the PEXA Community
‎01-07-2016 03:50 PM
5 Likes
‎01-07-2016 03:50 PM
5 Likes
In your experience, when is the best time to open a workspace?  Can you open it before you have exchanged contracts? ... View more

Re: Farms

by HelenBenge Star Employee in Ask the PEXA Community
‎01-07-2016 03:36 PM
1 like
‎01-07-2016 03:36 PM
1 like
Hi Adrian - great question! I think this is one of the best features of PEXA.  You can have up to 20 different titles in the same workspace - and only pay 1 PEXA fee (for multiple titles).  I have a number of regional clients who have already settled workspaces using this feature. I hope this answers your query.  Thanks for posting in the Community. Regards Helen. ... View more

Re: Original copies of Client Authorisation Form

by HelenBenge Star Employee in Ask the PEXA Community
‎01-07-2016 03:19 PM
2 Likes
‎01-07-2016 03:19 PM
2 Likes
Hi Rebekah - thanks for your question ! The CAF needs to be "wet signed" by the practitioner's client.  Having said that, the practitioner does not need the actual original CAF - a scanned copy can suffice.  Great when dealing with clients via email. I hope this answers your query. Regards Helen. ... View more

Re: How would you like PEXA to communicate with yo...

by HelenBenge Star Employee in Ask the PEXA Community
‎28-06-2016 08:59 AM
4 Likes
‎28-06-2016 08:59 AM
4 Likes
Hi Jo I’ve been writing a regular update for my PEXA Direct customers.  It features local news and stories including updates from key banks of interest in my area and giving kudos to my amazing customers on their first settlement. I think other customers would enjoy a local update too. Helen ... View more

How do I deal with the PEXA fee when preparing for...

by HelenBenge Star Employee in Ask the PEXA Community
‎27-06-2016 05:23 PM
6 Likes
‎27-06-2016 05:23 PM
6 Likes
Many of my clients are initially confused on how to deal with the PEXA fees when preparing for settlement - so I thought I'd post some comments here to try to assist. The PEXA fee will automatically appear in the Financial Settlement Schedule (FSS) once documents have been created and the lodgement instructions have been edited and saved.  When sending cheque directions to the Incoming Proprietor's representative, the Proprietor on Title's representative should include the PEXA fee in the same way you would include a "cheque" payable for outstanding rates or legal fees if you were settling manually.  The Proprietor on Title's total due on settlement should look something like: Unpaid Council rates Unpaid Water rates Practitioner's fees Bank payout (if required) PEXA Fee Any other relevant payment Balance payable to the Proprietor on Title (POT) The total of these amounts above should equal the balance due to the POT on settlement. The Incoming Proprietor (IP) is required to provide sufficient source funds to pay the above balance due to the POT, plus the following: Lodgement fees - paid direct to the land registry Stamp Duty - paid direct to the State's revenue office Practitioner's fees PEXA fee In it's simplest form, the IP's PEXA fee is paid from Source funds. After settlement, the PEXA fee should be included in your Settlement Statement - in the same way you would include amounts if you obtained a Survey or Building Report. Remember, each line item in the Destinations area of the FSS equates in the manual world as a "cheque" being drawn at settlement.  In PEXA, these payments are all made electronically at settlement. ... View more
  • Tags:
  • PEXA fee
  • settlement

My first settlement as a PEXA Direct Specialist

by HelenBenge Star Employee in Share your Experiences
‎17-06-2016 05:39 PM
11 Likes
‎17-06-2016 05:39 PM
11 Likes
My clients often tell me they feel nervous or worried about their first settlement in PEXA.  That's completely understandable.  Looking back twelve or so months to my first settlement as a PEXA Direct Specialist, I was also nervous.  I remember driving an hour or so to my practitioner in Bowral.  It was a clear crisp winter's day.  Just as I had arrived at the very first house, there it was… Snow!  I couldn't believe it.  I was told that it had not snowed in Bowral for years.  It was pretty amazing.   All the parties to the transaction met in the one office to watch our first settlement together. Everything went through smoothly and we all celebrated with some bubbles.    What we are doing for the industry is exciting and not without its fair share of challenges.  Most people will feel nervous about their first settlement.  That's just human nature.  The entire PEXA team are here to support you in these changes.   I encourage you to let your peers know what to expect and help them learn by sharing your first PEXA settlement story. ... View more
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  • regional
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